Prepare a classified balance sheet in good form as of


The following items were taken from the 2009 financial statements of Texas Instruments, Inc. (All dollars are in millions.)

Common stock $2,826 Cash and cash equivalents $1,182
Prepaid expenses 164 Accumulated depreciation 3,547
Property, plant, and equipment 6,705 Accounts payable 1,344
Other current assets 546 Other noncurrent assets 2,210
Other current liabilities 115 Noncurrent liabilities 810
Long-term investments 637 Retained earnings 6,896
Short-term investments 1,743 Accounts receivable 1,277
Income taxes payable 128 Inventories 1,202

 

Instructions

Prepare a classified balance sheet in good form as of December 31, 2009.

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